# eTh

#BitMineBuys40KETH
Date: 11 February 2026
A major accumulation move is making headlines BitMine has reportedly acquired 40,000 ETH, signaling strong institutional conviction in Ethereum. Let’s break down what this could mean
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🔹 1️⃣ The Scale of the Purchase
40,000 ETH is not a small buy.
At current market levels, this represents a significant capital allocation into Ethereum showing long-term confidence rather than short-term speculation. Large buys like this are often strategic, not emotional.
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🔹 2️⃣ Why Ethereum?
Institutional buyers continue to focus

‍#BitMineBuys40KETH 🚀💎
BitMine Immersion Technologies (BMNR) scooped up 40,302 ETH last
week—their biggest 2026 Ethereum buy yet—pushing total holdings past 4.3M
tokens (~3.58% of ETH supply) worth billions at current prices.
Power Moves
·
Staking Empire: 2.87M ETH
staked ($6.2B at $2,125/ETH), yielding ~$374M annually; MAVAN validator network
launches Q1 2026 for "best-in-class" returns.
·
Tom Lee's Bull Case: Chairman
predicts ETH explosion to $12K in 2026 via tokenization & adoption; recent
dips = buy opportunity amid 2.5M daily txns ATH.
·
Treasury Goals: Cash + c

MARKET UPDATE: $ETH/BTC
$ETH
$ETH/BTC continues to trade inside the broader descending channel on the daily timeframe.
Price is currently around 0.0294 BTC, sitting near the lower boundary of the structure around 0.0286–0.0290 BTC.
As long as this lower channel support holds, a relief bounce toward 0.032–0.034 BTC remains possible.
However, a clean breakdown below 0.0286 BTC would signal continuation lower and confirm vs BTC.
#BuyTheDipOrWaitNow? #ETH

Quick analysis of the digital financial market on the morning of February 11, 2026, summarizing the key developments over the past 24 hours:
📉 Technical Analysis: Bitcoin "Struggling" at the Psychological Level of $70K
The market is entering a period of high volatility as Bitcoin continuously tests important resistance levels.
1. Bitcoin (BTC): Fluctuating around the short-term peak
24-hour volatility: BTC had an emotional trading session, sweeping from a low of $67.92K to a high of $70.52K. Reaching the $70.5K mark shows that demand is still present, but profit-taking pressure at this "round

Ethereum price faces sub-$1,000 risk as liquidity remains lower
From a broader market-structure perspective, the ongoing consolidation appears less like accumulation and more like a pause before a continuation. Unless buyers can decisively reclaim control, the risk of a deeper corrective move below $1,000 remains firmly in play.
Ethereum ( $ETH ) price key technical points
Ethereum is trading at the point of control, a critical balance level
Low-volume bounces signal weak demand, raising bull trap risk
Untapped liquidity sits below range lows, increasing downside probability
Ethereum’s recent

🚀 #BitMineBuys40KETH — Institutional Accumulation Highlight
BitMine Immersion Technologies — the Nasdaq-listed crypto treasury firm chaired by Tom Lee — has just made a big move in the Ethereum market. According to on-chain and company reports, the firm acquired approximately 40,613 ETH (~$83–$86 million) during last week’s market pullback, raising its total holdings to over 4.3 million ETH (~3.58% of circulating supply).
🔹 Strategic Accumulation: Despite the ETH price slump and large unrealized losses on its existing holdings, BitMine doubled down on accumulation — signaling continued conf

🚨 WHALE ALERT: THE $250M COMEBACK STORY NO ONE SAW COMING 🐋
What just happened in the last 24 hours will shock you...
💣 THE SETUP (February 2026)
Remember the whale who got LIQUIDATED for $250 MILLION earlier this month?
Yeah, that one.
THEY'RE BACK. And they just bought 80,000 ETH.
📊 THE DATA THAT CHANGES EVERYTHING
RIGHT NOW (Last 24 Hours):
✅ Another whale just closed a long position with a $9.63M LOSS (Feb 9)
✅ 47,000 ETH ($120M) sold to repay Aave loans
✅ ETH reserves on exchanges hit MULTI-YEAR LOWS
✅ 9-year ETH holder dumps $145M into exchanges
✅ Bitcoin whales accumulated

$ETH is printing a clear inverted Head & Shoulders structure on the 15m chart. The left shoulder and head are already formed, and the right shoulder is developing near the same resistance band, showing sellers are still active on every push higher. This is not panic selling — it’s controlled distribution.
Price is currently hovering around 2080–2090, which is acting as a neckline reaction area. As long as #ETH stays below the dotted resistance path, upside remains capped and moves are likely to stay corrective.
If momentum weakens further and this structure plays out, downside continuation bec